2K Sports 2004 Annual Report Download - page 48

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TAKE-TWO INTERACTIVE SOFTWARE, INC. and SUBSIDIARIES
Consolidated Statements of Stockholders’ Equity
For the years ended October 31, 2002, 2003 and 2004
(In thousands)
Common Stock
Shares Amount
Additional
Paid-in
Capital
Deferred
Compensation
Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss) Total
Balance, November 1, 2001 ..... 36,641 $366 $213,908 $ — $ 15,343 $(10,452) $219,165
Foreign currency translation
adjustment, net of taxes ...... — — — — — 5,553 5,553
Net unrealized loss on investments,
net of taxes of $87 ........... — — — — — (142) (142)
Net income .................. — — — — 71,563 — 71,563
Comprehensive income ....... 76,974
Proceeds from exercise of stock
options and warrants ......... 2,434 25 23,283 — — — 23,308
Amortization of deferred
compensation ............... — — — 682 — — 682
Deferred compensation in
connection with restricted
stock issued ................ 50 1 908 (909) — — —
Issuance of common stock in
connection with acquisition of
business and intangibles ...... 1,212 12 22,332 — — — 22,344
Issuance of compensatory stock
and stock options ............ 25 — 2,371 — — — 2,371
Tax benefit in connection with the
exercise of stock options ...... — — 10,700 — — — 10,700
Balance, October 31, 2002 ...... 40,362 $404 $273,502 $ (227) $ 86,906 $ (5,041) $355,544
Foreign currency translation
adjustment, net of taxes ...... — — — — — 4,119 4,119
Net unrealized loss on
investments, net of taxes of $9 . — — — — — (14) (14)
Net income .................. — — — — 98,118 — 98,118
Comprehensive income ....... 102,223
Proceeds from exercise of stock
options and warrants ......... 3,404 34 44,831 — — — 44,865
Amortization of deferred
compensation ............... — — — 3,427 — — 3,427
Issuance of common stock in
connection with acquisition . . . 236 2 6,555 — — — 6,557
Issuance of compensatory stock
and stock options ............ 225 2 5,106 (5,090) — — 18
Tax benefit in connection with the
exercise of stock options ...... — — 20,858 — — — 20,858
Balance, October 31, 2003 ...... 44,227 $442 $350,852 $(1,890) $185,024 $ (936) $533,492
Foreign currency translation
adjustment, net of taxes ...... — — — — — 7,290 7,290
Net income .................. — — — — 65,378 — 65,378
Comprehensive income ....... 72,668
Proceeds from exercise of stock
options and warrants ......... 885 9 16,674 — — — 16,683
Amortization of deferred
compensation ............... — — — 3,331 — — 3,331
Issuance of common stock in
connection with acquisition .... 164 2 5,158 — — — 5,160
Issuance of compensatory stock
and stock options ............ 164 1 5,336 (5,337) — — —
Tax benefit in connection with the
exercise of stock options ...... — — 4,136 — — — 4,136
Balance, October 31, 2004 ...... 45,440 $454 $382,156 $(3,896) $250,402 $ 6,354 $635,470
The accompanying notes are an integral part of these consolidated financial statements.
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